Contract Research Organization is an organization contracted by other companies to manage, provide and lead clinical trials and other research support services for medical devices industries, biotechnology, Pharmaceuticals and also works with universities, government institutions, and foundations.

With this changing economy, Pharma companies mostly outsource their critical functions including research and manufacturing. Most of the Pharma companies in this era using CROs for their clinical trials and to establish new medication as well. The company’s main focus is to reduce the time it takes to conduct a trial versus doing in house trials that render significant cost savings. Outsourcing these things will reduce so many costs like the company doesn’t have to build extra infrastructure, office space or use manpower to run these trials themselves. As there are many numerous and unidentified diseases acquiring big populations. This population desperately needs better medical care with the discovery of uncovering new medicines.

It’s better to start with some expertize rather than doing something about which you don’t know, the reason being this company contracts with CROs to acquire specific expertize without appoint permanent staff.

There are types of comprehensive services provided by CRO’s which includes Project management, Data entry and validation, Clinical trial data management, medicines, and design coding, quality and metric reporting, statistical analysis plans and reports, Validation programming, safety and efficacy summaries, final study report and database design and built, etc. to the company with the CRO contracted.